Lucid Group has just released vehicle production and delivery numbers for the third quarter of 2023 and they are worrying once again.
During the period, the company produced 1,550 Lucid Air luxury all-electric cars, which is 32 percent less than a year ago and the lowest result since the early beginning of the company . However, there is a catch. Lucid says also that it produced 'over 700 additional vehicles in transit to Saudi Arabia for final assembly,' which would bring the total to over 2,250 completed and partially completed vehicles.
Lucid Q3'2023 results : Total production: 1,550 'plus over 700 additional vehicles in transit to Saudi Arabia for final assembly' Total deliveries: 1,457 Lucid EV Results - Q3 2023 So far this year, Lucid produced over 6,000 cars and delivered 4,267 cars, which is significantly more than a year ago. On top of that come vehicles sent to Saudi Arabia for final assembly .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lucid posts 4% rise in quarterly deliveries as promotional price helps demandLucid posts 4% rise in quarterly deliveries as promotional price helps demand
Read more »
Lucid shares fall after third-quarter EV deliveries disappointLucid’s third-quarter deliveries fell short of Wall Street expectations
Read more »
Lucid shares fall after third-quarter EV deliveries disappointLucid's third-quarter deliveries fell short of Wall Street expectations
Read more »
Apple iPad Air 2023, iPad mini Release Date Just Days Away, Report ClaimsI’ve been writing about technology for two decades and am routinely struck by how the sector swings from startling innovation to persistent repetitiveness. My areas of specialty are wearable tech, cameras, home entertainment and mobile technology.
Read more »
| Jax Beach 2023 Sea and Sky Air Show featuring the Blue AngelsRide along with San Diego anchor Marcella Lee as she gets the opportunity of a lifetime to fly with the Blue Angels in an F/A-18 Super Hornet.
Read more »
Apple iPad Air 2023, iPad mini Release Date Just Hours Away, Report ClaimsI’ve been writing about technology for two decades and am routinely struck by how the sector swings from startling innovation to persistent repetitiveness. My areas of specialty are wearable tech, cameras, home entertainment and mobile technology.
Read more »